(No title) Building unwavering trade rationale
How did you all build your trading grounds for making decisions?
I think everyone has their own various trading grounds, but
in my case, I simplyconducted historical testing extensively.
Yes... for decades?
Therefore, I only trade in situations that resemble those patterns.
That doesn’t mean the win rate will be 100%, though?
In FX, you win and lose repeatedly, and you accumulate profits
by how much you can suppress risk and minimize losses.
“Rather than winning, focus on not losing.”
I always try to trade with this mindset in mind.
From 6/9,MDC-Block(my own developed indicator)
is used to start a challenge plan at a certain prop firm.
Why I started this,
I'll write about it slowly when I have time again?
The chart below shows today's trade.
6/9 AUDUSD
First chart: Entry
Second chart: First take profit
Third chart: Second take profit
Fourth chart: Third take profit
Because the third and fourth charts were inadvertently flipped UP
The third chart is the third take profit, and
the fourth chart becomes the second take profit.
The prop firm’s challenge will continue to be updated
from now on as well,
so if you have spare time,please drop by and take a look—it would be encouraging?